The Swiss watch industry recorded its steepest drop in June, the biggest it’s had since the beginning of the year. According to the Federation of the Swiss Watch Industry (FH), exports totalled 1.6 billion CHF ($2.2 billion Cdn.), 16.1 per cent less than in June 2015.
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Swiss watch exports declined in 2015, the first recorded downturn since 2009, says the Federation of the Swiss Watch Industry (FH).
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David Barthau is big on personal history. As head of Barthau Jewellers in Stouffville, Ont., he’s proud of his family’s 47 years in the business, which is partly why he decided to create a signature watch line.
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The Federation of the Swiss Watch Industry (FH) has resigned from economiesuisse over what constitutes a Swiss watch.
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Swiss watch exports in November rose by 4.5 per cent, recording the highest ever monthly value of 2.2 billion CHF ($2.3 billion Cdn).
However, the Federation of the Swiss Watch Industry (FH) says the increase was below the annual average.
Exports of gold and steel watches led the way, while platinum and silver/gold-plated saw steep declines. By price category, exports of watches costing less than 200 CHF ($200 Cdn) fell by 2.3 per cent, while … Continue reading Swiss watch exports slow down
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The Federation of the Swiss Watch Industry (FH) has developed a monitoring system that it says can identify websites selling counterfeit watches.
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Mid-year figures for Swiss watch exports exceeded the 10-billion CHF ($10.2-billion Cdn) mark, despite weaker demand in China and the ongoing euro zone crisis.
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Swiss watch manufacturers exported 1.3 billion CHF (1.4 billion Cdn.) in August, an increase of 16.4 per cent during the same period in 2010.
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Swiss watch exports grew 19.3 per cent in the first six months of 2011 with a value of 8.7 billion CHF ($102 billion Cdn), well past the 2008 benchmark.
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